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Bosnia's Serb Republic annual inflation quickens to 4.0% in Oct

Author Annie Tsoneva
Bosnia's Serb Republic annual inflation quickens to 4.0% in Oct Inflation

SARAJEVO (Bosnia and Herzegovina), November 29 (SeeNews) - The consumer price index (CPI) of Bosnia's Serb Republic increased by 4.0% on the year in October, after rising by 2.6% in September, the entity's statistical office said.

On a monthly comparison basis, consumer prices in the Serb Republic were 2.3% higher in October, after an increase of 0.6% in September, the Serb Republic's Institute of Statistics said in a statement last week.

In annual terms, prices of transport services rose 14.3% in October, following an increase of 26.1% of fuels and lubricants for passenger cars; prices of food and non-alcoholic beverages went up 6.2% due to 28.2% higher prices of oils and fats and 13.5% higher prices of vegetables.

The biggest year-on-year drop in consumer prices in October, of 8.7%, was recorded in the clothing and footwear sector.

In 2020, consumer prices in the Serb Republic fell by 1.2%, after growing by 0.5% in 2019.

The Serb Republic is one of two autonomous entities that form Bosnia and Herzegovina. The other one is the Federation.

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